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loan shark

 

Definitions from WordNet

Noun loan shark has 1 sense
  1. usurer, loan shark, moneylender, shylock - someone who lends money at excessive rates of interest
    --1 is a kind of lender, loaner; shark

Definitions from the Web

Term: Loan Shark

Description:

A loan shark is an individual or organization that provides illegal, predatory loans at extremely high interest rates, often targeting people who are unable to obtain traditional bank loans due to poor credit or financial difficulties.

Senses and Usages:

1. Noun

a) A person who charges exorbitant interest rates and uses aggressive, sometimes violent, methods to collect debts.

Example: The loan shark threatened to break the borrower's legs if he didn't pay back the money by the end of the week.

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2. Verb

a) To lend money at excessively high interest rates, often in an unregulated or illegal manner.

Example: The desperate individual had no choice but to turn to a shady character who was willing to loan shark him the necessary funds.

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3. Adjective

a) Describing something or someone associated with or resembling a loan shark.

Example: The neighborhood where the loan shark operated was known for its shady characters and loan shark activities.

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